First Watch Restaurants Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 14,000

Employees

  • Stock Symbol
  • FWRG

Stock Symbol

  • Investments
  • 7

  • Share Price
  • $18.93
  • (As of Friday Closing)

First Watch Restaurants General Information

Description

First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.

Contact Information

Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Primary Industry
Restaurants and Bars
Stock Exchange
NAS
Corporate Office
  • 8725 Pendery Place
  • Suite 201
  • Bradenton, FL 34201
  • United States
+1 (941) 000-0000

First Watch Restaurants Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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First Watch Restaurants Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$18.93 $19.24 $15.77 - $25.98 $1.14B 60.4M 633K $0.39

First Watch Restaurants Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 2,032,313 1,723,603 1,252,347 1,591,239
Revenue 922,594 891,551 730,162 601,193
EBITDA 85,302 85,361 52,123 52,848
Net Income 23,239 25,385 6,907 (2,107)
Total Assets 1,279,256 1,267,045 1,104,446 1,046,917
Total Debt 611,439 606,966 507,350 473,972
Public Fundamental Data provided by Morningstar, Inc. disclaimer

First Watch Restaurants Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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First Watch Restaurants Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch usin
Restaurants and Bars
Bradenton, FL
14,000 As of 2023
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00000000000 000 0000
Spartanburg, SC
0000 As of 0000
00.000
00000000 00.000

0000 0

in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
00000000000 000 0000
San Diego, CA
00000 As of 0000
00.000
000000000000
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First Watch Restaurants Competitors (25)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Denny's Formerly PE-Backed Spartanburg, SC 0000 00.000 00000000 00.000
Jack In The Box Formerly PE-Backed San Diego, CA 00000 00.000 000000000000
Cracker Barrel Old Country Store Corporate Backed or Acquired Lebanon, TN 00000 00.000 000000000 00.000
Pizza Hut (Restaurant) Corporation Petaling Jaya, Malaysia
Olive Garden Corporation Orlando, FL 00000
You’re viewing 5 of 25 competitors. Get the full list »

First Watch Restaurants Patents

First Watch Restaurants Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-D580277-S1 Watch Inactive 02-May-2007
US-D579788-S1 Watch Inactive 02-May-2007
US-D586667-S1 Watch Inactive 02-May-2007

First Watch Restaurants Executive Team (17)

Name Title Board Seat Contact Info
Christopher Tomasso Chief Executive Officer & Board Member
Mel Hope Chief Financial Officer
John Jones Chief Operating Officer, Operations
Jay Wolszczak General Counsel, Legal & Executive
Matthew Eisenacher Chief Brand Officer
You’re viewing 5 of 17 executive team members. Get the full list »

First Watch Restaurants Board Members (9)

Name Representing Role Since
00000000000 000000 First Watch Restaurants Chief Executive Officer & Board Member 000 0000
00000 00000 00000 Self Board Member 000 0000
00000 0000000 First Watch Restaurants Board Member 000 0000
00000 0000000 First Watch Restaurants Chairman & Board Member 000 0000
000000 00000 Advent International Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

First Watch Restaurants Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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First Watch Restaurants Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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First Watch Restaurants Investments (7)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
First Watch Restaurants (Franchise-Owned Restaurant in Broken Arrow, Oklahoma) 22-Jan-2024 000000000 Buildings and Property 000000000
First Watch Restaurants (Twenty One Franchise Restaurants in North Carolina) 08-Jan-2024 000000000 0000 Buildings and Property 000000000
First Watch Restaurant (Six Franchise Restaurants in Georgia) 09-Aug-2023 000000000 Buildings and Property 000000000
Hello Driven 15-Nov-2019 0000 00000 00000 Other Healthcare Services
E&I Holdings 27-May-2015 Buyout/LBO Restaurants and Bars 0000000 0
You’re viewing 5 of 7 investments. Get the full list »

First Watch Restaurants Subsidiaries (1)

Company Name Industry Location Founded
The Good Egg Food Products Scottsdale, AZ 0000
To view First Watch Restaurants’s complete subsidiaries history, request access »

First Watch Restaurants ESG

Risk Overview

Risk Rating

Updated March, 06, 2023

29.81 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Consumer Services

Industry

00 of 519

Rank

00.00

Percentile

Restaurants

Subindustry

00 of 146

Rank

00.00

Percentile

To view First Watch Restaurants’s complete esg history, request access »

First Watch Restaurants FAQs

  • When was First Watch Restaurants founded?

    First Watch Restaurants was founded in 1983.

  • Who is the CEO of First Watch Restaurants?

    Christopher Tomasso is the CEO of First Watch Restaurants.

  • Where is First Watch Restaurants headquartered?

    First Watch Restaurants is headquartered in Bradenton, FL.

  • What is the size of First Watch Restaurants?

    First Watch Restaurants has 14,000 total employees.

  • What industry is First Watch Restaurants in?

    First Watch Restaurants’s primary industry is Restaurants and Bars.

  • Is First Watch Restaurants a private or public company?

    First Watch Restaurants is a Public company.

  • What is First Watch Restaurants’s stock symbol?

    The ticker symbol for First Watch Restaurants is FWRG.

  • What is the current stock price of First Watch Restaurants?

    As of 17-May-2024 the stock price of First Watch Restaurants is $18.93.

  • What is the current market cap of First Watch Restaurants?

    The current market capitalization of First Watch Restaurants is $1.14B.

  • What is First Watch Restaurants’s current revenue?

    The trailing twelve month revenue for First Watch Restaurants is $923M.

  • Who are First Watch Restaurants’s competitors?

    Denny's, Jack In The Box, Cracker Barrel Old Country Store, Pizza Hut (Restaurant), and Olive Garden are some of the 25 competitors of First Watch Restaurants.

  • What is First Watch Restaurants’s annual earnings per share (EPS)?

    First Watch Restaurants’s EPS for 12 months was $0.39.

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